14 Jacaranda Ln · Port St. Lucie, FL 34952

$46,000

2 bd · 2.0 ba · 900 sqft · Manufactured · 143 Days on market

Built 1989 $842/mo HOA · 43% of rent ↓ 29% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.7/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 14 Jacaranda Lane, a fully furnished mobile home located in the highly desirable 55+ Spanish Lakes community in Port St. Lucie. This charming residence is being sold with all furnishings included, perfect for seasonal living, downsizing, or a low‑maintenance Florida retreat. The home has been well cared for and offers a warm, comfortable layout ready for its next owner. Spanish Lakes is known for its active lifestyle, friendly atmosphere, and convenient access to shopping, dining, medical facilities, and beautiful local beaches. Residents enjoy a variety of community amenities and a welcoming environment designed for relaxed, enjoyable living. This is a great opportunity to secur

Key facts

• Community amenities
• 2 garage spots
• Built 1989

Tags

• FULLY FURNISHED MOBILE HOME
• SPANISH LAKES COMMUNITY
• CONVENIENT ACCESS TO SHOPPING
• COMMUNITY AMENITIES

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: Part of Spanish Lake One HOA; Monthly HOA fee; HOA amenities include clubhouse, fitness center, jogging path, sidewalks, and street lights; Senior community

Exterior

• Parking: Attached carport; Detached garage; 2 garage spaces; 2 carport spaces; 4 covered spaces (total)
• Security: Smoke detectors; Security lights
• Utilities: Public water; Public sewer; Other utilities
• Home design: Manufactured home; Single-story; Faces west; Resale
• Construction: Modular construction; Aluminum roof; 1,200 total building area (source: Other)
• Exterior features: Covered patio; Patio

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Closet cabinetry; Furnished
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $46k.

Deal economics

• At list price, monthly cash flow is $394 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $46k).
• Recommended offer: $40k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.6% vs local median 3.9% in Port St. Lucie — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• St. Lucie (urban): math 40% / reading 48% proficiency, ranked #51 of 73 in FL (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Savanna Ridge Elementary School (math 40% / reading 45%, grade F, #1,383 of 2,144 statewide, top 65%, 452 students, 75% FRL); Port St. Lucie High School (math 21% / reading 43%, grade F, #415 of 667 statewide, top 63%, 1,748 students, 67% FRL).
• Market conditions: Rents rising (+1.9%/yr); 646 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 4,868 units permitted in St. Lucie County in 2024 (268 in 5+ unit buildings).
• This rent runs 38% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $318 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• St. Lucie County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $13k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 143 days — a 12% lower offer ($40k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask is 4082% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 43% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $40,480 (12.0% below list)

Questions for the listing agent

1. It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 4.28% ✓
• Cap rate: 16.57%
• Cash-on-cash: 36.70%
• DSCR: 2.63
• GRM: 1.9

CMA / ARV

• ARV (on-the-fly): $26,100
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
37 El Camino Real	0.15mi	2/2.0	984 (+9%)	1mo	$15,000	$15	76
46 Spanish Way	0.08mi	2/2.0	984 (+9%)	13mo	$15,000	$15	70
66 Spanish Way	0.14mi	2/2.0	984 (+9%)	14mo	$28,900	$29	67
5 Espanola Ln	0.37mi	2/1.5	850 (-6%)	16mo	$33,000	$39	58
2975 Fiddlewood Cir	0.74mi	2/2.0	936 (+4%)	5mo	$207,500	$222	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.92% rent growth · sell at horizon

5-year hold

• IRR: 30.5%
• Equity multiple: 2.25×
• Total profit: $16,069
• Equity at exit: $6,859

10-year hold

• IRR: 36.7%
• Equity multiple: 4.11×
• Total profit: $40,033
• Equity at exit: $3,977

Cash invested: $12,880 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34952

• Home prices YoY: -29.6%
• Rents YoY: 1.9%
• Active inventory: 646
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $1,967 high
• Mortgage (P&I): −$241
• Tax est. 1.5%: −$58 /mo · $690/yr
• Insurance: −$19
• HOA: −$842
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $394

Break-even live

Break-even rent $1,468

Max offer price $46,000

Occupancy floor 75%

Sensitivity live

Price	-10% $426	-5% $410	+0% $394	+5% $378	+10% $362
Rent	-10% $239	-5% $316	+0% $394	+5% $472	+10% $549
Rate	-1.0pp $417	-0.5pp $406	base $394	+0.5pp $382	+1.0pp $370

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $11,500
• Closing costs: $1,380
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1900 Bella Vista Way Port Saint Lucie, FL	1.0–2.0	1.0–2.0	995	$1,764	$1.77	15d	15	0.46mi
7700 Pine Lakes Blvd Port Saint Lucie, FL	1.0–3.0	1.0–2.0	1022	$1,878	$1.84	15d	16	1.23mi
1810 SE Pinewood Trl Port Saint Lucie, FL	1.0–2.0	1.0–2.0	1013	$2,055	$2.03	15d	7	1.26mi
3784 Sapodilla Ct Port Saint Lucie, FL	2.0	2.0	1121	$2,300	$2.05	24d	1	1.26mi
1811 SE Walton Lakes Dr Port Saint Lucie, FL	2.0	1.0–2.0	1117	$1,926	$1.72	15d	6	1.42mi
124 E Arbor Ave Port Saint Lucie, FL	3.0	1.0	964	$2,550	$2.65	15d	1	1.43mi
13 Lake Vista Trl #205 Port Saint Lucie, FL	1.0	1.5	800	$1,375	$1.72	24d	1	1.47mi

HOA detail

• Monthly dues: $842 · $10,104/yr

Listing history 23 events

1. 2026-06-21
   days on market $46,000 Active 143 DOM
2. 2026-06-18
   days on market $46,000 Active 140 DOM
3. 2026-06-17
   days on market $46,000 Active 139 DOM
4. 2026-06-16
   days on market $46,000 Active 138 DOM
5. 2026-06-15
   days on market $46,000 Active 137 DOM
6. 2026-06-14
   days on market $46,000 Active 135 DOM
7. 2026-06-13
   days on market $46,000 Active 134 DOM
8. 2026-06-10
   days on market $46,000 Active 132 DOM
9. 2026-06-09
   days on market $46,000 Active 131 DOM
10. 2026-06-08
    days on market $46,000 Active 130 DOM
11. 2026-06-07
    days on market $46,000 Active 129 DOM
12. 2026-06-05
    days on market $46,000 Active 126 DOM
13. 2026-06-03
    days on market $46,000 Active 125 DOM
14. 2026-06-02
    days on market $46,000 Active 124 DOM
15. 2026-06-01
    days on market $46,000 Active 123 DOM
16. 2026-05-31
    days on market $46,000 Active 122 DOM
17. 2026-05-30
    days on market $46,000 Active 121 DOM
18. 2026-05-21
    price $46,000
19. 2026-03-31
    price $55,000
20. 2026-03-24
    listed $1,100
21. 2026-03-24
    historical $1,100
22. 2026-03-22
    listed $1,100
23. 2026-01-28
    listed $65,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 6 d/yr ≥106°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,603
• − Mortgage interest: −$2,577
• − Property taxes: −$690
• − Insurance: −$230
• − Repairs & maintenance: −$1,888
• − Management: −$1,888
• − HOA: −$10,104
• − Depreciation: −$1,338
• Taxable income: $4,887
• Est. tax owed @ 24.0%: −$1,173
• After-tax cash flow: $3,554/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: St. Lucie
• NCES district ID: 1201770
• Math proficiency: 40% ▼ -11.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $44,737
• Composite: 37.28/100
• National rank: #4449
• State rank: #51 of 73 in FL

Livability — Port St. Lucie

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Saint Lucie County · 337,150 people
• City population: 221,051
• Metro: Port St. Lucie, FL
• Population (ZIP): 42,655
• Household income: $61,628
• Rent vs Own: 25.8% rent · 74.2% own
• Severe rent burden: 1759.0

Population outlook (St. Lucie County) Hauer SSP2

• Today (2025): 338,016 people
• By 2030: 355,687 · +5.2%
• By 2040: 385,521 · +14.1%
• By 2050: 406,106 · +20.1%
• By 2075: 441,054 · +30.5%
• By 2100: 436,885 · +29.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 62% Hispanic / Latino 19% Two or more races 14% Black 10% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 2% Dominican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Hispanic 1%
• Foreign-born: 18% · Canada, Jamaica, China
• Languages at home: 76% English-only · Spanish 16% French/Haitian/Cajun 3% Tagalog/Filipino 2%

Political lean MEDSL · St. Lucie

• 2024 margin: Lean R (+9.1) · D 45.1% · R 54.2%
• 2008→2024 swing: -21.2pp toward R · 2008: 12.1pp · 2024: -9.1pp
• All cycles: 2024: R+9.1 2020: R+1.6 2016: R+2.5 2012: D+7.9 2008: D+12.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -155.80%
• Current HPI: 371.0573
• Rent YoY: ▲ 1.92%
• Metro: Port St. Lucie, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-29.2% since first listed

6 events — show timeline

• 2026-05-21 Price Changed $46,000 Beaches MLS
• 2026-03-31 Price Changed $55,000 Beaches MLS
• 2026-03-24 Listed for Rent $1,100 RMLSFL
• 2026-03-24 Rental Removed $1,100 GFLMLS
• 2026-03-22 Listed for Rent $1,100 GFLMLS
• 2026-01-28 Listed $65,000 Beaches MLS